Social Entrepreneurship

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Transcript of Social Entrepreneurship

Social EntrepreneurshipWhat is social entrepreneurship?Social entrepreneurship is the attempt to draw upon business techniques to find solutions to social problems.This concept may be applied to a variety of organizations with different sizes, aims, and beliefsSocial Problems Of The WorldThe Way outBe A ChangemakerWhat do social entrepreneurs do?"A person who identifies resources where others see only problems and unleash resources in the communities they are servicing." Name some examples.....3. There are legal/economical/political structures globally that stop the world from being the ideal social world.Why social entrepreneurship?Natural Factors1. Finite Natural Resources2. Human ImpactGrowing PopulationMuhammed Yunnus(Bangladesh)Banker To The Poor(Grameen Group)Maria Montessori(Italy)Developed Early Childhood EducationJimmy Wales(US)Creator of WikipediaWendy Kopp(US)Teach For AmericaDo You Want To Make A Difference In The World?Are You Looking For A More Effective Way To Bring About Social Change?Traditional Business Approach:

Business ProjectsDonations to CharityTaxes to GovernmentService To SocietyOld Paradigm:Start A CompanyMake Tons Of MoneyCash Out Become A PhilanthropistNew Paradigm:I want To Change The World Now!The New Way Of Doing BusinessHOW?

* Satisfy Needs of Customers* Generate Financial Returns*Be Accountable for where the supplies come from*Assess the cost and benefits to the countries, communities and environment touched along the way (short and long term impact)*Do integrated, simultaneous planning and management, with every group bearing responsibility for the end product and not just for a specialty.

IT IS TIME TO TAKE FULL RESPONSIBILITY!

Social Reporting

Kanter (2013)

The Way Of Doing BusinessChange The Mindset

In the past you could simply donate money to the disadvantaged.

Now, however, you pay for social products and get entertainment. People are looking for satisfaction.

Tsui and Chan (2012)Are You Inspired By Those Who Have Made A Difference?Start Your Own Project!Make Sure it is:-System-changing-Innovative-Scalable-Replicable-Measurable-SustainableThe Social Problem That I Would Like To SolveProtect Children In SchoolsThe Mindset You Will Need--Design Thinking Brown & Wyatt (2010)Design Thinking is inherently optimistic, constructive and experiential.Inspiration- Go out into the world and observe- Build credibility and ensure understanding

- Create an action plan-Create a prototype- Do not be afraid of experimentation and failure, as long as you learn from themSystemic Solutions

-High Impact-Bubble up from below rather than impose from the topHow Can I Induce Change?- Volunteer- Donate- Start Your Own Project-Have a Vision-Prepare A Baseline Analysis-The situation you want to improve- The current social impact eco-system-Have Awareness -What definitions of social entrepreneurship do you follow?- Do you partner with other organizations?-What type of investment do you look for?-What do you do with your profit?-Down to Action-Pilot-Strategy for Scaling: Is it good return on the investment?-Measure your impact.-What is your role in the process?Steenhusien (2013)

The Goal

The emergence of a fourth sector, the for-benefit enterprise, that "transforms the course of capitalism." Sabeti (2011)All the innovation could be a part of a large fourth section, supported by legal and market structure.Connect with like minded people and take advantage of incubators!MAKE A COLLECTIVE IMPACTFeed the Hungry and Save The World:Be A Bee Charmerhttp://www.the-hub.net/wp-content/uploads/2012/02/what-we-stand-for.pngThe Hub ASHOKAAshoka is the largest network of social entrepreneurs worldwide, with nearly 3,000 Ashoka Fellows in 70 countries putting their system changing ideas into practice on a global scale. Founded by Bill Drayton in 1980, Ashoka has provided start-up financing, professional support services, and connections to a global network across the business and social sectors, and a platform for people dedicated to changing the world. Ashoka launched the field of social entrepreneurship and has activated multi-sector partners across the world who increasingly look to entrepreneurial talent and new ideas to solve social problems.HungerPowerless WomenPollutionPeople Living with DisabilitiesLack of EducationLack of HousingJane Addams